Report ID: UCMIG35B2131
Report ID:
UCMIG35B2131 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global aneurysm clips market witnessed a significant growth rate in 2022, with a valuation of USD 64.09 million. Moreover, experts predict that this market will continue to expand steadily during the forecast period, with a compound annual growth rate (CAGR) of over 7.36%. Aneurysm clips play a crucial role in treating cerebral aneurysms by securely sealing off the bulging blood vessels, reducing the risk of rupture. The growing prevalence of aneurysms and increasing awareness about their treatment options are expected to drive the demand for aneurysm clips in the coming years. Additionally, technological advancements in the development of innovative clip designs and the rising adoption of minimally invasive surgical procedures are likely to further boost market growth.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35B2131